TOHO CHEMICAL INDUSTRY COMPANY,LIMITED, First Half Ordinary Profit Revised Upward by 67%

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Tue Oct 29, 2024 2:00 pm JST Revision

4409 TOHO CHEMICAL INDUSTRY COMPANY,LIMITED 【J-GAAP】

Guidance Update Report

TOHO CHEMICAL INDUSTRY COMPANY,LIMITED <4409> [TSE-S] announced a performance revision in the afternoon session on October 29th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 66.6%, from the previous forecast of 530 million yen to 883 million yen (compared to 214 million yen in the same period of the previous year), increasing the growth rate from 2.5 times to 4.1 times.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 1.1 billion yen(compared to 743 million yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	25,700	620	530	530	25.2	0	May 14, 2024	J-GAAP
Apr - Sep, 2024 New	26,640	892	883	857	40.8	0	Oct 29, 2024	J-GAAP
Revision Rate	+3.7%	+43.9%	+66.6%	+61.7%	+61.7%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	24,941	256	214	131	6.3	0	Nov 6, 2023	J-GAAP
Apr - Sep, 2024 Guidance	26,640	892	883	857	40.8	0	Oct 29, 2024	J-GAAP
YoY	+6.8%	+248.4%	+312.6%	+554.2%	+550.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	55,361	1,384	1,179	977	46.3	15	May 12, 2023	J-GAAP
Mar, 2024	50,596	771	743	546	26.0	17	May 14, 2024	J-GAAP
Mar, 2025 Guidance	52,500	1,300	1,100	940	44.7	18	May 14, 2024	J-GAAP
YoY	+3.8%	+68.6%	+48.0%	+72.2%	+72.0%